Closing Bell: Time to Be a Bull or a Bear? 4/5/23

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 5 April 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What is the right call right now – to be bullish or bearish? Trivariate’s Adam Parker and Citi’s Kristen Bitterly break down their takes. Plus, BTIG’s Jonathan Krinsky is tracking trouble in the charts. He explains the key levels every investor needs to be watching. And, Bank of America’s Jill Carey Hall is changing her tune on small caps in a big way.

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to Closing Bell. I'm Scott Wopner live from Post 9 right here at the New York Stock Exchange.
0:04.2	This make-a-break hour begins with the Fed and the economy going head to head.
0:08.7	More data showing growth is slowing. Another central banker says rates must still go higher and
0:14.3	stay there for longer stocks in your money well they're caught right in the
0:17.4	middle here's your scorecard with 60 minutes to go now in regulation the Dow
0:21.6	carried for most of the day by health care names and
0:24.1	more defensive areas while the broader market sees selling in technology and
0:28.3	more economically sensitive sectors like industrial and autos. Bond, they are falling as well on those new recession fears.
0:36.0	It brings us to our talk of the tape.
0:38.0	What is the right call right now?
0:40.0	Be bullish or be bearish.
0:42.0	After an early year rally rally caught many by surprise but now
0:45.7	Might be showing some signs of where let's ask Adam Parker the founder and CEO of Trivariate Research and a CNBC contributor.
0:53.9	He is live with me at Post Nights.
0:55.1	Good to see you again.
0:56.0	Thanks for having me.
0:56.6	I've had some incoming lately from the Bulls who say that this market is still
1:00.9	poised to go up. What do you think? Bullish or bearish right now?
1:05.6	I mean, the markets up and the fundamentals look worse than they did, so I have to like
1:10.5	it less than I did previously. I mean if I'm just using data I think there's
1:15.8	some signs that things are going to slow. A lot of my incoming is about you know
1:20.1	woes in the commercial real estate market lower growth from the
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.